Minimal benefit to low income taxpayers but a windfall to wealthy

July 25, 2003 |
Nova Scotia Office

HALIFAX - According to a study released today by the Canadian Centre for Policy Alternatives the Nova Scotia provincial income tax cut for 2004 will provide minimal, if any, benefit to middle and low income taxpayers, while providing a windfall to wealthy Nova Scotians. The study is part of the CCPA-NS series "Who really Benefits from Nova Scotia's Income Tax Cut." Using the most recent taxation data from Canada Customs and Revenue Agency the study examines the distribution of the income tax cut between 13 income groups.